At a Glance
- Tasks: Lead a team to develop innovative lending strategies for credit cards.
- Company: Join NewDay, a leader in responsible lending solutions.
- Benefits: Inclusive culture, career growth, and the chance to influence millions.
- Other info: Collaborative environment with opportunities to work across diverse teams.
- Why this job: Shape the future of lending while balancing risk and customer outcomes.
- Qualifications: Experience in credit risk strategy and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
At NewDay, we’re building smarter, more responsible ways to lend — and this role sits right at the centre of it. As a Senior Manager in our New Lending Credit Strategy team, you’ll lead how we decision new customers across our credit card portfolio. You’ll balance growth, risk, and customer outcomes, using data, insight and innovation to shape strategies that perform. This is a hands‑on leadership role — combining deep analytical work with people leadership to own all lending to new customers across one of the UK’s largest Credit Card portfolios.
What You'll Be Doing
- Lead and develop a small team of analysts, driving high performance and strong technical delivery
- Design and evolve new lending strategies across 6 credit card products, adapting to business priorities and market conditions
- Optimise credit decisioning to balance customer outcomes, commercial performance and risk appetite
- Use data and analytics to generate insight, answer key business questions and influence senior stakeholders
- Expand and embed Open Banking strategies into decisioning to unlock new opportunities
- Partner closely with teams across Commercial, Marketing, Data Science, Finance, Product, Fraud, Legal and Risk
- Support delivery of business targets through underwriting innovation and strategy development
What We're Looking For
- Strong background in credit risk / affordability strategy within consumer lending (cards or loans)
- Proven experience designing and optimising lending strategies
- Experience leading or mentoring analysts in a fast‑paced environment
Technical Skills
- Hands‑on coding experience (using SQL and ideally Python)
- Strong analytical capability with the ability to turn data into commercial outcomes
What Sets You Apart
- Strategic mindset with the ability to influence decisions at senior level
- Strong communicator who can simplify complex ideas clearly
- Collaborative approach with the confidence to challenge and improve existing ways of working
- Experience working with cross‑functional teams and presenting in decision‑making forums
- Familiarity with modelling techniques and working closely with data science teams
Why This Role Matters
You’ll play a key role in shaping how NewDay lends to new customers — influencing decisions that impact millions of people, while helping us grow responsibly.
Opportunity To
- Own high‑impact strategy end‑to‑end
- Be the “face of cards” in key forums and discussions
- Work at the intersection of data, risk, and commercial performance
- Help scale innovative approaches like Open Banking across our decisioning
At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We don’t discriminate on the basis of protected characteristics or identities. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process. Tell us if you need accommodations: We’ll put reasonable adjustments in place to support you. We work with Textio to make our job design and hiring inclusive.
Senior Manager, New Lending Credit Strategy, Cards employer: NewDay
At NewDay, we pride ourselves on fostering a dynamic and inclusive work environment where innovation thrives. As a Senior Manager in our New Lending Credit Strategy team, you will not only lead a talented group of analysts but also have the opportunity to shape lending strategies that impact millions. With a strong emphasis on employee growth, collaboration, and a commitment to diversity, NewDay offers a rewarding career path in one of the UK's largest credit card portfolios.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, New Lending Credit Strategy, Cards
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NewDay. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Manager, New Lending Credit Strategy, Cards
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NewDay.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NewDay's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NewDay
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NewDay.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NewDay will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NewDay employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
